Broadcast Newsline: October 2, 2009

Since 1914, freight railroads have been exempt from antitrust regulations, allowing them to seek clearance for mergers or rate changes from the Surface Transportation Board.

This week’s Cotton Newsline is 3 cuts. All cuts are Robbie Minnich, senior government relations representative for the National Cotton Council.

Suggested introduction cut 1:Since 1914, freight railroads have been exempt from antitrust regulations, allowing them to seek clearance for mergers or rate changes from the Surface Transportation Board. Robbie Minnich, senior government relations representative for the National Cotton Council, says the House Judiciary Committee approved legislation that would repeal longstanding antitrust exemptions for freight railroads.

Suggested introduction cut 2:According to Minnich, the legislation passed by the House is similar to legislation in the Senate.

Suggested introduction cut 3:Minnich says many people in the cotton industry use rail transportation.

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